Abrdn Global Infrastructure Income Fund (NYSE:ASGI) Shares Will Pay Monthly Dividend of $0.21

Abrdn Global Infrastructure Income Fund (NYSE:ASGI) declared a monthly dividend on Tuesday, November 10th. Stockholders of record on Friday, November 20th will be given a dividend of $0.21 per share on Monday, November 30th. This represents a $2.52 annualized dividend and a dividend yield of 12.1%. The ex-dividend date is Friday, November 20th. This is a 4.5% decrease from Abrdn Global Infrastructure Income Fund’s previous monthly dividend of $0.22.

Abrdn Global Infrastructure Income Fund Price Performance

Shares of ASGI traded down $0.26 during trading hours on Wednesday, reaching $20.81. 6,543 shares of the company’s stock traded hands, compared to its average volume of 216,090. Abrdn Global Infrastructure Income Fund has a twelve month low of $18.90 and a twelve month high of $25.95. The business’s fifty day simple moving average is $20.14 and its two-hundred day simple moving average is $22.76.

Abrdn Global Infrastructure Income Fund Company Profile

Abrdn Global Infrastructure Income Fund (NYSE: ASGI) is a closed-end investment fund managed by abrdn Inc. The fund seeks to provide investors with a high level of current income and the opportunity for capital appreciation by investing in infrastructure-related assets and companies. ASGI invests globally across infrastructure sectors, including utilities, energy, transportation, communications and other essential services. Its portfolio may include common and preferred stocks, debt securities and other income-producing investments issued by companies involved in developing, owning or operating infrastructure assets.